Invalidity of Any Guaranty. Any Guaranty for any reason, other than the satisfaction in full of all Obligations, ceases to be in full force and effect (other than in accordance with its terms) or is declared to be null and void, or any Loan Party denies that it has any further liability, including without limitation with respect to future advances by Lenders, under any Loan Document to which it is a party, or gives notice to such effect; or
Invalidity of Any Guaranty. The Company or any Subsidiary Guarantor fails to make a payment due under the Parent Guaranty or the Subsidiary Guaranty, as applicable, defaults in the performance of or compliance with any other material term contained in the Parent Guaranty or the Subsidiary Guaranty, as applicable, and such default, in the case of a payment default, has not been remedied within the cure period applicable thereto under clauses (a) and (b), above, or in the case of a non-payment default, continues and has not been remedied within 30 days after the earlier of (i) a Responsible Officer obtaining knowledge of such default and (ii) the Company receiving written notice of such default from the Administrative Agent, any L/C Issuer or any Lender, or any of the Guaranties ceases to be in full force and effect as a result of acts taken by the Company, any Co-Obligor or any Subsidiary Guarantor or is declared to be null and void in whole or in material part by a court or other governmental or regulatory authority having jurisdiction or the validity or enforceability thereof shall be contested by any of the Company, any Co-Obligor or any Subsidiary Guarantor or any of them renounces any of the same or denies that it has any or further liability thereunder; or
Invalidity of Any Guaranty. Either the Holdings Guaranty or, upon execution and delivery thereof, the Subsidiary Guaranty for any reason, other than the satisfaction in full of all Obligations, ceases to be in full force and effect (other than in accordance with its terms) or is declared to be null and void, or any Loan Party denies that it has any further liability, including without limitation with respect to future advances by Lenders, under any Loan Document to which it is a party, or gives notice to such effect; or
Invalidity of Any Guaranty. (i) Any Guaranty for any reason, other than the satisfaction in full of all Obligations, ceases to be in full force and effect (other than in accordance with its terms) or is declared to be null and void, or (ii) any Loan Party or MDCP denies that it has any further liability, including without limitation with respect to future advances by Lenders, under any Loan Document to which it is a party, or gives notice to such effect, or (iii) any "Event of Default" as defined or described in the MDCP Guaranty shall have occurred and be continuing, or (iv) no later than January 4, 2003 or January 4, 2004, respectively, the term of the Madison Dearborn Capital Partners, L.P. limited partnership has not been extended through January 4, 2004 or January 4, 2005, respectively, and the MDCP II Guaranty Conditions have not been satisfied; or
